Section 143 – Job work procedure of CGST ACT, 2017<\/p>\n
143. (1) A registered person (hereafter in this section referred to as the \u201cprincipal\u201d)
\nmay under intimation and subject to such conditions as may be prescribed, send any inputs
\nor capital goods, without payment of tax, to a job worker for job work and from there
\nsubsequently send to another job worker and likewise, and shall,\u2013\u2013
\n(a) bring back inputs, after completion of job work or otherwise, or capital goods,
\nother than moulds and dies, jigs and fixtures, or tools, within one year and three years,
\nrespectively, of their being sent out, to any of his place of business, without payment
\nof tax;
\n(b) supply such inputs, after completion of job work or otherwise, or capital
\ngoods, other than moulds and dies, jigs and fixtures, or tools, within one year and three
\nyears, respectively, of their being sent out from the place of business of a job worker
\non payment of tax within India, or with or without payment of tax for export, as the case
\nmay be:
\nProvided that the principal shall not supply the goods from the place of business
\nof a job worker in accordance with the provisions of this clause unless the said principal
\ndeclares the place of business of the job worker as his additional place of business
\nexcept in a case\u2014
\n(i) where the job worker is registered under section 25; or
\n(ii) where the principal is engaged in the supply of such goods as may be
\nnotified by the Commissioner.
\n(2) The responsibility for keeping proper accounts for the inputs or capital goods shall
\nlie with the principal.
\n(3) Where the inputs sent for job work are not received back by the principal after
\ncompletion of job work or otherwise in accordance with the provisions of clause (a) of
\nsub-section (1) or are not supplied from the place of business of the job worker in accordance<\/p>\n
with the provisions of clause (b) of sub-section (1) within a period of one year of their being
\nsent out, it shall be deemed that such inputs had been supplied by the principal to the
\njob worker on the day when the said inputs were sent out.
\n(4) Where the capital goods, other than moulds and dies, jigs and fixtures, or tools,
\nsent for job work are not received back by the principal in accordance with the provisions
\nof clause (a) of sub-section (1) or are not supplied from the place of business of the job
\nworker in accordance with the provisions of clause (b) of sub-section (1) within a period of
\nthree years of their being sent out, it shall be deemed that such capital goods had been
\nsupplied by the principal to the job worker on the day when the said capital goods were
\nsent out.
\n(5) Notwithstanding anything contained in sub-sections (1) and (2), any waste and
\nscrap generated during the job work may be supplied by the job worker directly from his
\nplace of business on payment of tax, if such job worker is registered, or by the principal, if the
\njob worker is not registered.
\nExplanation.\u2013\u2013For the purposes of job work, input includes intermediate goods arising
\nfrom any treatment or process carried out on the inputs by the principal or the job worker<\/p>\n","protected":false},"excerpt":{"rendered":"
Section 143 – Job work procedure of CGST ACT, 2017 143. (1) A registered person (hereafter in this section referred to as the \u201cprincipal\u201d) may under intimation and subject to such conditions as may be prescribed, send any inputs or capital goods, without payment of tax, to a job worker for job work and from … Continue reading “Section 143 – Job work procedure of CGST ACT, 2017”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"_links":{"self":[{"href":"https:\/\/khannaandassociates.com\/blog\/wp-json\/wp\/v2\/posts\/417"}],"collection":[{"href":"https:\/\/khannaandassociates.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/khannaandassociates.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/khannaandassociates.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/khannaandassociates.com\/blog\/wp-json\/wp\/v2\/comments?post=417"}],"version-history":[{"count":1,"href":"https:\/\/khannaandassociates.com\/blog\/wp-json\/wp\/v2\/posts\/417\/revisions"}],"predecessor-version":[{"id":418,"href":"https:\/\/khannaandassociates.com\/blog\/wp-json\/wp\/v2\/posts\/417\/revisions\/418"}],"wp:attachment":[{"href":"https:\/\/khannaandassociates.com\/blog\/wp-json\/wp\/v2\/media?parent=417"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/khannaandassociates.com\/blog\/wp-json\/wp\/v2\/categories?post=417"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/khannaandassociates.com\/blog\/wp-json\/wp\/v2\/tags?post=417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}